The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Central Bank Of India for its Kanadi Khurd branch in Shahdol, Kanadikhurd, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Central Bank Of India located in Shahdol or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0283036. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Kanadi Khurd, Shahdol

Here are some of the key details that come with the IFSC Code CBIN0283036 of Central Bank Of India for its branch located in Shahdol, within the district of Kanadikhurd in the state of Madhya Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283036
Branch Kanadi Khurd
City Shahdol
District Kanadikhurd
State Madhya Pradesh
Address At & P.O. Kanadikhurd,Tehsil Jaisingh Nagar,Dist Shahdol,Madhya Pradesh 484771

These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Shahdol for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283036 for the Kanadi Khurd branch of Central Bank Of India plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Central Bank Of India located in Kanadi Khurd, Shahdol, Madhya Pradesh, are given a unique IFSC like CBIN0283036 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Shahdol.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Shahdol and Kanadikhurd.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Central Bank Of India in Kanadi Khurd goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CBIN0283036

The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Central Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kanadi Khurd in Shahdol.

For example, the IFSC Code CBIN0283036 of Central Bank Of India for the Kanadi Khurd branch includes these elements, identifying the bank and the branch location in Shahdol and Madhya Pradesh accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0283036 of Central Bank Of India for its Kanadi Khurd branch located in Shahdol, the following methods can help:

Cheque Book

The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Shahdol and Kanadikhurd, print them on the first page of your passbook.

Bank Website

Visit the official website of Central Bank Of India and navigate to the branch locator section. Search for Kanadi Khurd or Shahdol to get the exact IFSC Code CBIN0283036.

Mobile Banking App

If you use Central Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Central Bank Of India and Shahdol, you'll get the correct details.

How to Use IFSC Code CBIN0283036 for Online Transfers?

Once you have the IFSC Code CBIN0283036 for the Kanadi Khurd branch of Central Bank Of India in Shahdol, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0283036. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Central Bank Of India IFSC Code CBIN0283036.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Central Bank Of India Kanadi Khurd in Shahdol, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Kanadi Khurd, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Central Bank Of India website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Shahdol to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India Kanadi Khurd Shahdol?

The IFSC Code of the Kanadi Khurd Shahdol branch is CBIN0283036.

Is IFSC Code CBIN0283036 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Central Bank Of India Kanadi Khurd branch?

The branch is located at At & P.O. Kanadikhurd,Tehsil Jaisingh Nagar,Dist Shahdol,Madhya Pradesh 484771.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.